Place a buy order within 104.58-104.42 | 09 Februari 2021

09 Februari 2021, USD/JPY

Place a buy order within 104.58-104.42

Technical observation

On the daily chart above a supportive zone 104.58-104.42 with an increasing bearish bias. This bearish movement is a correction to the zone and I expect a rejection of it within the same zone for a possible momentum to the upper side. My advice, place a pending buy limit within the zone mentioned above with your take profit at 107.91 and stop loss at 103.09. In case of a break above the line 107.91 with a big green candle, wait for a pullback t it and a bounce confirming possible further increase in price to the upper side before you continue long with this pair towards the key line 112.08.

Trade recommendation

Buy USD within 104.58-104.42 with your take profit at 107.91 and stop loss at 103.09.

One of the highest demand products in FreshForex is invest-portfolios. Invest-portfolio is an optimal tool for both beginners and experienced traders due to its high efficiency and low work efforts.

This is the fifth portfolio developed by FreshForex specialists. In 2020, we proposed traders four investment portfolios, each of which demonstrated positive results. The total return was 71.5%.

2 steps to get the Invest-portfolio:

1. Fund your trading account with $50 or more from February 1 to 26, 2021.2. Send a request to [email protected] with your account number funded.

Imelda Maseno
Analyst of «FreshForex» company
Setuju dengan review?
opini pedagang:
Close
Masuk
Browser Anda tidak mendukung kue. Jika cookie dinonaktifkan di browser Internet Anda, Anda mungkin memiliki masalah dengan render daerah Pribadi. Cara mengaktifkan dukungan cookie.